The State Of The Union... Simply put: One monumental, gigantic economic mess.
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Again bloodshed on Wall Street.
Another stock market debacle.
Time fund managers busy calling or being called by their big clients... Lots of explaining to do.
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Shall we call it "The BEAR STRIKES BACK" or "THE REVENGE OF THE BEAR"?
Aiya you know laa, the bear gets mad and breaks loose after being chained to a pole for too long... Who doesn't?
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Professor Joseph Stiglitz is a levelheaded, no nonsense, no theatrics academic. Here is what he has to say: